Leonardo Eulogio

Leonardo Eulogio D. M., age 21, lives with his common-law wife in the Ventanas Canton, Los Rios province. He has 1 child.
The members of the V.R.C. Ciudadela Los Angeles are located in the Los Angeles district, belonging to the Ventanas Canton. The 14 members of this community bank work in short-cycle agriculture sowing corn.
Leonardo Eulogio works in agriculture sowing corn. He purchases his products in Farma-Agro and sells in the same location.
He is requesting this loan for sowing corn and purchasing supplies and seeds. The support of this loan will help him economically to supply his needs. He confronts challenges such as plagues, diseases and the varied climate. His dream is to have a stable job.
He enjoys making friends and being responsible.

Additional Information

About Cooperativa San Jose

This loan is administered by Cooperativa San Jose, a 45,000-member credit union located high in the Andes Mountains of Ecuador’s poorest province, Bolivar. They offer a unique loan called “Ventanillas Rurales” [Window to the Countryside], which uses a group guarantee but is an individual loan with a savings component, mostly to rural borrowers. Due to low savings rates and a history of macroeconomic instability, many traditional loans in Ecuador demand interest rates that are prohibitively high for some borrowers. There is also a high incidence of extortionist black-market lending in Ecuador. CSJ helps mitigate these problems by providing a less onerous and more appropriate option. Join CSJ’s Lending Team!